Sarbanes-Oxley News & Developments

Wal-Mart Whistleblower Drops Lawsuit

Former executive still has a whistleblower case pending before the Labor Department.

> > A Wal-Mart whistle-blower has abruptly dropped a lawsuit. Jared Bowen, who claimed that he was fired when he called attention to a fraud committed by former No. 2 Wal-Mart executive Tom Coughlin, decided to drop claims filed in state court that the retailer defamed him when it accused him of helping his former boss defraud the company, according to the Associated Press. Jim Lingle the attorney for Jared Bowen told the wire service that his client "wanted to get on with his life."
Source: CFO